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WIKI ANALYSIS| This article describes an exchange traded fund that tracks an index, commodity, currency, or varied basket of securites. View articles referencing this fund. |
The UltraShort Oil and Gas ProShares fund is an exchange-traded fund managed by ProShares Advisors LLC. The fund seeks to correspond with the Dow Jones U.S. Oil and Gas Index by twice the inverse of daily performance.[1] The average daily volume of the ETF is just over 34 million shares traded.
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